Registered number
10915463
DVP Solutions Ltd
Unaudited Filleted Accounts
29 February 2024
DVP Solutions Ltd
Registered number: 10915463
Balance Sheet
as at 29 February 2024
Notes 2024 2022
£ £
Fixed assets
Tangible assets 3 - 611
Current assets
Debtors 4 1,631 925
Cash at bank and in hand 10,046 45,011
11,677 45,936
Net current assets 11,677 45,936
Total assets less current liabilities 11,677 46,547
Provisions for liabilities - (116)
Net assets 11,677 46,431
Capital and reserves
Called up share capital 100 100
Profit and loss account 11,577 46,331
Shareholders' funds 11,677 46,431
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D. Pepperell
Director
Approved by the board on 19 March 2024
DVP Solutions Ltd
Notes to the Accounts
for the period from 1 September 2022 to 29 February 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment over 2-3 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2022
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 September 2022 5,713
Disposals (5,713)
At 29 February 2024 -
Depreciation
At 1 September 2022 5,102
On disposals (5,102)
At 29 February 2024 -
Net book value
At 29 February 2024 -
At 31 August 2022 611
4 Debtors 2024 2022
£ £
Other debtors 1,631 925
5 Controlling party
The company is controlled by the director.
6 Other information
DVP Solutions Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Clearways Accountants
Clearways
Colley Way
Reigate
RH2 9JH
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